Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.
Ford said on Monday it will notify some workers this week in the U.S., Canada and India that their jobs will be cut. The automaker will lay off 3,000 people.
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles to electric vehicles. Two thousand of the jobs are salaried positions and another 1,000 are contractors, Ford said.
Ford announced in a companywide email on Monday that it would be laying off 3,000 employees in order to cut costs as its transitions toward producing EVs.
The US automaker has announced it is shedding 3,000 jobs in North America and India to cut costs and simplify processes. The company aims to accelerate its transition to electric vehicles.
Ford Motor Company announced the layoffs of 3,000 workers in America, Canada and India in a memo to employees Monday as part of a continued pivot to electric vehicles.
Ford Motor Co. will cut 3,000 jobs worldwide as part of a restructuring to lower costs and fund electric vehicle manufacturing. "We are eliminating work, as well as reorganizing and simplifying functions throughout the business," Ford executive chairman Bill Ford and chief executive officer Jim Farl…
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Ford cutting 3,000 white-collar jobs in bid to lower costs | Since Then
